VIVE X ANNOUNCES SECOND BATCH OF COMPANIES TO JOIN GLOBAL ACCELERATOR PROGRAM

HTC VIVE’S VR ACCELERATOR, VIVE X, INVESTS IN OVER 30 NEW COMPANIES THAT WILL FURTHER DEFINE AND GROW THE OVERALL VIRTUAL REALITY ECOSYSTEM

Shenzhen, China and San Francisco, CA– March 27, 2017 – Vive X, HTC Vive’s™ global accelerator program today announced the second batch of companies chosen to receive funding and support to grow the Virtual Reality ecosystem. Over thirty new companies across San Francisco, Beijing, Shenzhen and Taipei have been selected to participate in the program with the goal of building and advancing the global VR and AR ecosystem.

“Vive X works with the most promising VR/AR companies to advance innovation and move the whole industry forward,” said Marc Metis, Global Head of Vive X. “We’re continuing to invest in and support the development of foundational platform services and hardware advancements, as well as expanding areas like enterprise, commerce, education, health, social, and eSports.”

This is the second batch of companies in the global program. In less than one year, Vive X has gone from being a startup itself to investing in more than sixty companies globally, making it one of the leading VR investors in the world.

The unmatched support of Vive X ensures that these companies are provided with all the tools necessary to successfully create the next wave of VR content, services, platforms and hardware. Vive X operates under a service-oriented philosophy and seeks to build relationships and act as partners with its companies and alumni. Many of the companies are more advanced than typically seen in accelerators, though choose to join Vive X for strategic reasons.

In addition, the company is also opening Vive X in Israel, and currently looking for applications in that market. To find out more information on submitting and application to Vive X, please visit: https://www.vive.com/us/vivex.

Construct Studiois a bilingual independent studio dedicated to creating interactive narrative experiences for VR. Construct has recently created their first interactive VR narrative "The Price of Freedom", based on the real events of CIA mind control program Project MK Ultra.

Created by founders of Phosphor Games, the studio behind the worldwide hit VR shooter ‘The Brookhaven Experiment’, Forbidden Mechanics was formed with the single-minded passion to create the greatest competitive online multiplayer shooter for VR.

HyperfairVRis a SaaS web-based social VR solution for enterprises. It allows businesses to self-build and easily customize their own branded VR environment, and quickly publish to multiple platforms to engage with customers and employees in VR via avatars.

Limitlessis a cloud-based platform that aims to make it easier to create VR content. Using the Limitless VR Creative Environment, creators can animate characters directly in VR using motion controls, simplifying the animation process for newcomers and professionals alike.

Mindesk developed the first immersive interface for commercial CAD software in the world. With Mindesk, engineers, architects and designers can build their models naturally in VR, while collaborating in real time in the cloud.

Realiteer develops and distributes immersive and evidence-based programs in cognitive behavior therapy (CBT), which has been clinically shown to treat substance abuse, anxiety, and depression. It is working closely with world-class academic researchers to design and build these programs.

The Rogue Initiative is a new VR and Digital Media content studio, creating AAA cinematic interactive entertainment. The Rogue Initiative collaborates with established Hollywood talent to co-create and co-own new intellectual property in VR that can be further developed into various franchises.

Subdream is a social VR gaming studio founded by serial gaming entrepreneur Jikhan Jung. Subdream plans on releasing quality multiplayer games that can be played at VR arcades and at home.

Hexa is changing the way we experience our planet by making it easy to create and scale 3D content. Hexa automatically converts 2D photos into 3D assets and enable online retailers to create virtual equivalents of their collections and display them online.

Vito, a pioneering VR education game studio, inherits the philosophy of Ge Wu Zhi Zhi, which encourages learning through exploration. Its series of original content includes Nature and Science discovery, Historical and Social stories, and Physical environment simulations.

PlusOne is an AR + AI startup creating interactive intelligent human holograms which can be used by enterprises to train their employees to interact more effectively with customers.

Multiverse is a world-class VR studio founded by game industry veterans from places like Wevr, Disney, Riot, Ubisoft, Com2us, and CJ E&M. Multiverse is poised to create industry-defining content and help bring VR to the masses. Multiverse’s previous game, Reveries: Dream Flight, is one of the highest-rated VR games worldwide, and a top selling title on the Oculus Store.

Red Accent is a game creator with a strong track record developing games for console, PC and mobile. Red Accent is currently working on sports and adventure titles and is based out of Shanghai and San Francisco.

Byond is a cloud-based VR publishing platform empowering brands, media companies and agencies to create their own personalized interactive universe in VR. Using Byond’s tools, VR applications can be easily created and published across all platforms.

Shenzhen

Star-with-U offers more than just a fun multiplayer game. Players can assume different identities in a virtual world and socialize with others, while watching videos, playing games, casually chatting, and even finding their significant others.

Aurora AR's goal is to be the leader in augmented reality glass optics and device design. Our first product is a 135-degree field of view augmented reality glass that works under daylight, and is cost-effective for consumers.

Kiwi Technologyspecializes in providing consumer products with detecting and tracking technology through an RGB camera, along with 3D graphics and visual effects. KiwiFace mobile and VR SDK have been widely adopted by over a dozen major live-streaming/short video/VR products, reaching hundreds of million devices by the first half of 2017.

Shengda provides VR solutions and training for vocational and K-12 education to replace hazardous experiment/training for employees, such as working with high- voltage engines in electrical vehicles. Shengda also helps local governments build up VR education centers in Shenzhen, Sichuan, Chongqing, and Jilin.

Brokencolors builds and integrates head-based sensing technologies that bring the users' gaze, facial expressions, and mindsets into the virtual world. Our sensing technologies are creating a more immersive experience for VR users.

SoccerDream is a VR football training technology that helps clubs and academies make their players smarter, and keep them highly motivated, just as the world’s top clubs do.

Taipei

Opaque Space is a premier developer of consumer and simulation VR experiences. Opaque Space is developing the acclaimed VR game Earthlight and collaborating with NASA to develop VR training tools for the next generation of astronauts.

Luna is a global leading 360-degree camera manufacturer that provides a new way to communicate and archive moments in 360VR and AI.

Xikaku develops AR technology for applications in industrial and medical fields. Our first product, the X-Visor, is an analysis and visualization system allowing factory personnel do precise and efficient machine inspection using an overlay of real-time sensor data. Our systems provide a platform to dramatically enhance the capabilities and skills of human resources in mission critical applications.

Appnori Inc. is a sports-focused VR game development company, developing games such as baseball and table tennis, which can be enjoyed by all users regardless of age.

VRANI’s goal is to provide VR's fantastic experiences to users by focusing on interactive VR characters. Through four core-playing experiences, Easy-Play, Extreme-Play, Interactive-Play and Multi-Play, we create fun and easy casual VR content.

SoccerDream is a VR football training technology that helps clubs and academies make their players smarter, and keep them highly motivated, just as the world’s top clubs do.

About HTC

HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and HTC Desire lines of smartphones. The pursuit of brilliance is at the heart of everything we do, inspiring best-in-class design and game-changing mobile and virtual reality experiences for consumers around the world. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498).www.htc.com.

About VIVE

HTC VIVE™ is the new virtual reality (VR) product that has set the standard for the industry to follow. In close collaboration with strategic partner Valve®, HTC has delivered the most complete, most immersive virtual reality system in Vive, and the only consumer virtual reality system on the market that enables room-scale motion with precision tracking, enabling users to experience virtual reality

using their visual, aural and physical senses. Since announcing Vive, HTC and Valve have worked with thousands of developers and partners to create VR content across a wide spectrum of sectors, from gaming and entertainment to health, automotive, retail and education. Vive partners are showcasing VR applications around the world, demonstrating the potential of a world without limits on the imagination. For more information, please visit www.vive.com..

###

HTC and the HTC logo are the trademarks of HTC Corporation. All other names of companies and products mentioned herein may be the trademarks of their respective owners.